The Chronic Malcontent
Wednesday, September 12, 2007
News banger for the week of September 11 2007
Today's juxtaposition of news. Makes for awfully interesting reading.
1. Prime Minister Abe of Japan announced today he will resign, ending a troubled year-old government that has suffered damaging scandals.
2. Bond prices rose as investors stockpiled secure government issues.
3. Oil prices rose 58 cents to $78.81 a barrel, after closing at a record $78.23 Tuesday. Wheat prices finished just shy of $9 a bushel on Tuesday — an all-time peak — up from about $5 a bushel in May.
4. Mr. Putin yesterday sacked his prime minister, Mikhail Fradkov, and Cabinet, nominating a loyal ally and member of his inner circle, Viktor Zubkov, as the new premier. The choice came as a surprise to Kremlin watchers both inside and outside Russia.
5. The Russian military said it had successfully tested a non-nuclear "thermobaric" weapon comparable in its destructive effects to a nuclear bomb.
6. President General Musharraf of Pakistan came under fire today for the expulsion of former Prime Minister Nawaz Sharif, with newspapers dismissing the government's claim that he returned willingly to exile.
7. OPEC sought to reassure jittery oil markets yesterday by agreeing to boost crude production by 500,000 barrels a day — a move the cartel conceded was prompted partly by "clouds on the horizon" from America's housing slump.
8. Major Earthquake Rocks Indonesia; at Least 5 Dead
9. The Monroe County district attorney says a man on a terrorism watch list was discovered taking photos of the Interstate 80 bridge crossing the Delaware River.
10. Africanized honeybees, a fierce hybrid strain sometimes referred to as "killer bees," appear to have established themselves in the New Orleans area, the state agriculture commissioner said.
11. A left-wing guerrilla group has said it was behind a series of explosions on pipelines in Mexico earlier this week. The People's Revolutionary Army (EPR) called for the release of two of its members, whom it claims were captured by Mexican security forces.
12. Since Steve Fossett did not file a flight plan the search area is immense - more than 600 sq miles (1,554 sq km). Maj Cynthia Ryan, of the Civil Air Patrol, said it could take a week to search the entire area.
Damned busy week.
1. Prime Minister Abe of Japan announced today he will resign, ending a troubled year-old government that has suffered damaging scandals.
2. Bond prices rose as investors stockpiled secure government issues.
3. Oil prices rose 58 cents to $78.81 a barrel, after closing at a record $78.23 Tuesday. Wheat prices finished just shy of $9 a bushel on Tuesday — an all-time peak — up from about $5 a bushel in May.
4. Mr. Putin yesterday sacked his prime minister, Mikhail Fradkov, and Cabinet, nominating a loyal ally and member of his inner circle, Viktor Zubkov, as the new premier. The choice came as a surprise to Kremlin watchers both inside and outside Russia.
5. The Russian military said it had successfully tested a non-nuclear "thermobaric" weapon comparable in its destructive effects to a nuclear bomb.
6. President General Musharraf of Pakistan came under fire today for the expulsion of former Prime Minister Nawaz Sharif, with newspapers dismissing the government's claim that he returned willingly to exile.
7. OPEC sought to reassure jittery oil markets yesterday by agreeing to boost crude production by 500,000 barrels a day — a move the cartel conceded was prompted partly by "clouds on the horizon" from America's housing slump.
8. Major Earthquake Rocks Indonesia; at Least 5 Dead
9. The Monroe County district attorney says a man on a terrorism watch list was discovered taking photos of the Interstate 80 bridge crossing the Delaware River.
10. Africanized honeybees, a fierce hybrid strain sometimes referred to as "killer bees," appear to have established themselves in the New Orleans area, the state agriculture commissioner said.
11. A left-wing guerrilla group has said it was behind a series of explosions on pipelines in Mexico earlier this week. The People's Revolutionary Army (EPR) called for the release of two of its members, whom it claims were captured by Mexican security forces.
12. Since Steve Fossett did not file a flight plan the search area is immense - more than 600 sq miles (1,554 sq km). Maj Cynthia Ryan, of the Civil Air Patrol, said it could take a week to search the entire area.
Damned busy week.
Labels: news
¶ 9:54 PM 2 Comments
